Home BancShares Names Larry W. Ross to Board of Directors
January 25 2021 - 5:15PM
Home BancShares, Inc. (NASDAQ GS: HOMB) (“Home” or “the Company”),
and its wholly-owned subsidiary, Centennial Bank (“Centennial”),
today announced that Larry W. Ross has been appointed to the Home
BancShares Board of Directors, filling their last open seat.
“Larry W. Ross is very well respected in the
community and possesses a long history with Centennial Bank,” said
John W. Allison, Chairman of Home BancShares. “I look forward to
his contribution to the Home BancShares Board,” added Allison.“I am
honored to be asked by Chairman John Allison and the esteemed
Directors of Home BancShares to join their board,” said Larry W.
Ross. “Over the years, I have witnessed first-hand the growth and
excellent customer service of Centennial Bank as a customer,
shareholder and fifteen-year member of the Little Rock Region
Advisory Board of Directors,” added Ross. “HOMB and Centennial Bank
have proven that community banking is an intricate part of a
community’s growth and quality of life. They are very passionate
about providing continued record performance and excellent customer
service to all stakeholders in the community. I look forward to
serving with this amazing team of people,” continued Ross. Ross is
a retired executive from AT&T/Southwestern Bell with more than
30 years of service. He is also a retired Presiding Elder with the
Christian Methodist Church and is President of Ross Consulting
Service. Ross has been a member of the Centennial Bank Little Rock
Region Advisory Board of Directors since 2005. He is also a member
of the Pulaski County Bridge and Facilities Board; Arkansas PBS
Foundation; and the North Little Rock Rotary Club, where he served
as Past President and received the distinction of International
Paul Harris Fellow. Mr. Ross is also the former Chair of the
Arkansas Independent Citizens Commission, Arkansas State Board of
Pharmacy, Arkansas Educational Television Network Commission (AETN)
and the State of Arkansas Ethics Commission. Mr. Ross and his wife
Lillian have three adult children and live in Sherwood,
Arkansas.
General
This release may contain forward-looking
statements regarding the Company’s plans, expectations, goals and
outlook for the future. Statements in this press release that are
not historical facts should be considered forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements of this type speak
only as of the date of this news release. By nature,
forward-looking statements involve inherent risk and uncertainties.
Various factors could cause actual results to differ materially
from those contemplated by the forward-looking statements. These
factors include, but are not limited to, the following:
economic conditions, credit quality, interest rates, loan demand,
real estate values and unemployment; disruptions, uncertainties and
related effects on our business and operations as a result of the
ongoing coronavirus (COVID-19) pandemic and measures that have been
or may be implemented or imposed in response to the pandemic,
including the impact on, among other things, credit quality and
liquidity; the ability to identify, complete and successfully
integrate new acquisitions; legislative and regulatory changes and
risks and expenses associated with current and future legislation
and regulations, including those in response to the COVID-19
pandemic; technological changes and cybersecurity risks; the
effects of changes in accounting policies and practices, including
from the adoption of the current expected credit loss (CECL) model
on January 1, 2020; changes in governmental monetary and fiscal
policies; political instability; competition from other financial
institutions; potential claims, expenses and other adverse effects
related to current or future litigation, regulatory examinations or
other government actions; changes in the assumptions used in making
the forward-looking statements; and other factors described in
reports we file with the Securities and Exchange Commission (the
“SEC”), including those factors set forth in our Annual Report on
Form 10-K for the year ended December 31, 2019, filed with the SEC
on February 26, 2020, and our Quarterly Report on Form 10-Q for the
quarter ended September 30, 2020, filed with the SEC on November 5,
2020.Home BancShares, Inc. is a bank holding company, headquartered
in Conway, Arkansas. Its wholly-owned subsidiary, Centennial Bank,
provides a broad range of commercial and retail banking plus
related financial services to businesses, real estate developers,
investors, individuals and municipalities. Centennial Bank has
branch locations in Arkansas, Florida, South Alabama and New York
City. The Company’s common stock is traded through the NASDAQ
Global Select Market under the symbol “HOMB.”
FOR MORE INFORMATION CONTACT:Donna TownsellDirector of Investor
RelationsHome BancShares, Inc.(501) 328-4625
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